PART 4 of 5: $HBAR
What is the Hedera ecosystem?
The Hedera cryptocurrency ecosystem includes a series of startups, tools, member companies of the “Council”, as well as a financing system with resources held in the company's coffers. This development facilitates continuous improvement and advancement in adoption, as it is supported by partners with extensive experience and technical capacity.
In addition to the large companies that are members of the “Council”, we can highlight:
Corda Plugin, for public verification of transactions compatible with this system.
USD Coin, a regulated stablecoin with its own token on the Hedera network.
Hashgraph Association, an ecosystem-focused non-profit accelerator.
Headstarter, a support and venture capital community for early-stage decentralized finance projects.
Hedera use cases
Hedera is focused on developing business and government solutions, including applications focused on healthcare, logistics, financial services, gaming, digital identification, energy and sustainability. In other words, more than a solution for use by the general population, Hedera is prepared for the corporate environment.
Hedera is also designed as a network service provider for the operation of private database systems, independent of Hedera's public Hashgraph. However, in these cases registration and processing fees must be paid in HBAR currency.
Is Hedera safe? How does the Governance Council work?
Each company that is a member of the Hedera governance “Council” manages a validator node. Participants who wish to contribute to the security of the network can delegate their HBAR coins, receiving an equivalent percentage of the rewards in return.
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